The Old Age Security (OAS) pension amount in Canada for 2025 varies by age and income. For individuals aged 65 to 74, the maximum monthly OAS payment is approximately $734.95. For those aged 75 and over, the maximum monthly payment increases to about $808.45. These amounts are adjusted quarterly based on the Consumer Price Index. Eligibility requires Canadian citizenship or legal residency and having lived in Canada for at least 10 years after turning 18. The OAS benefit is taxable and may be reduced or eliminated for high-income earners above income thresholds of about $148,451 for ages 65 to 74, and $154,196 for ages 75 and over. Additionally, individuals can defer receiving OAS up to age 70 to increase monthly payments by about 0.6% per month deferred, up to a 36% maximum increase. There are also supplemental programs such as the Guaranteed Income Supplement (GIS) available for low-income seniors to provide additional financial support. Summary:
Age Group| Maximum Monthly OAS (2025)| Annual Income Threshold for Full OAS
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65 to 74| $734.95| $148,451
75 and over| $808.45| $154,196
These details represent the standard OAS payment as updated for 2025, with additional increases or supplements depending on specific circumstances.
